A hospital buys certain supplies for 50 each the average, Operation Management

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A hospital buys certain supplies for 50 each the average

1. A hospital buys certain supplies for $50 each. The average markup is 100%. Additional selling costs are 25% of the total cost. What is the net realizable value?

2. Assume this same product has a current replacement cost of $40. What is the lowe cost or market?

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